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The economy of Brunei, a small and wealthy country, is a mixture of foreign and domestic entrepreneurship, government regulation and welfare measures, and village traditions. It is almost entirely supported by exports of crude oil and natural gas, with revenues from the petroleum sector accounting for over half of GDP.
Royal Brunei Airlines was established (as merely Royal Brunei) on 18 November 1974 with two, then new Boeing 737-200s. [ 7 ] [ 8 ] The airline's maiden voyage was on 14 May 1975 [ 7 ] from the then newly built Brunei International Airport to Singapore.
The National Development Plan (NDP) or natively known as Rancangan Kemajuan Negara (RKN), is the name assigned by the government of Brunei to a plan designed to carry out Wawasan Brunei 2035 and diversify the economy by putting projects, programs, and initiatives into action. [2]
The Department of Economic Planning and Statistics (DEPS) [a] is a government department overseen by the Ministry of Finance and Economy (MoFE). The department is in accordance to Wawasan Brunei 2035, it wants to support Brunei's long-term, sustainable economic growth by providing globally-recognised statistical data, implementation of the National Development Plan (NDP), and planning.
The Ministry of Finance and Economy (MoFE; Malay: Kementerian Kewangan dan Ekonomi) is a cabinet-level ministry in the government of Brunei which is responsible for the monetary, fiscal and economic policies and development in the country. It was established immediately upon Brunei's independence on 1 January 1984. [1]
In 2012, Forbes also ranks Brunei as the fifth-richest nation out of 182, based on its petroleum and natural gas fields. [ 2 ] With the recent weakening of the country's economy due to pressure on oil prices, Brunei has adopted hardline sharia law to try to gain local public support. [ 3 ]
Ministry of Finance and Economy (Brunei) N. National Development Plan (Brunei) W. Wawasan Brunei 2035
Abdul Manaf bin Haji Metussin (born October 1966) [1] is a Bruneian politician who currently serves as the Minister of Primary Resources and Tourism (MPRT) since 2022. . Additionally, he formerly held the position of Deputy Minister of Finance and Economy from 2018 to 2022, and chairman of Royal Brunei Airlines from 202
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